hopefully after the easter break, havent told work yet… but honestly, with the way my boss acts and all, (hes a real prick) will be organsing work to reduce my working hours a little further more again… [:o)]
i wouldnt be to concern, actually my partner, is in the middle of refinancing 3 million dollars worth of loans with one of her lenders, as due to poor service, but the LVR on these loans are 50/50, but honestly it really depends on the individual if they can still service and control their debts at the same time, then worriness, should be a lesser factor.
have been using the program for over a year now, but offers, cookie, memory and homepage shielding and still effective when you turn your firewall off.
before anything happen, where i am or got today, i probably learnt the biggest lesson most people wont or ever will learn and that is how to fail.
what i mean is, before i got into property investing, i was at the very bottom, probably below the bottom. When i was much younger at around the age of 9 or so, my parents divorced leaving my mother on her own to bring up 3 children. my biological father, was a hard man and he gave me a hard up bringing, with him failure wasnt allowed and you had to be always number one in everything…
my parnets divorced, and i was that quick turn around kid, who went to many primary schools, end up repeating grade 2, as i couldnt speak english or understand the basic, i managed and went through high school, but by the time i had graduated high school i had gone to 5 different high schools, had failed at many of the schools, most subjects never interested me and the only subjects that i was good at were, business, economics and accounting, while at the same time, my mother only being a single parent and having to look after 3 kids, i had to go into the work force at a young age of 13 and almost since then till up till last year, have always been working either 6-7 days a week while doing full time study.
during this time, my mother had a close friend, who this man seem to act like a father role to me, taught me how to think rich and grow rich, he pretty much grew up in the same environment as me, and had failed school. he taught me how to get rich, and that even if i was failing at school it didnt mean i was gonna be poor or have no future, a few years ago he passed away, i always refer to him as my rich dad, (like in rich dad, poor dad).
today i know my rich dad, would be surprised at how far ive come in so little time, and the skills and knowledge that he passed on to me.
today most people dont know much about me at tafe, i havent changed in the way i act or think, i still only carry about $20 in wallet ever, i now have 3 diplomas and a further certification allowing me to teach, and currently now doing a double diploma in a complex level of accounting, but all back then while i was still in high school and struggle to keep up with the other students, i can guarantee you, most people would have thought i have little hope or chance for a future.
Those same people today, i see them struggling to get by and i do know, that they have little or no chance in bettering their situation or improving it.
Honestly really stay focus on your goals and dont give up, and keep persisting and dont ever let anyone ever hold you back…
With a little push in the right direction, and staying motivated, you will be able to achieve your goals.
personally for me it depends on which property, if the property is +ve cashflow, and still can pay itself off, then on such properties that can do that, the aim will be to ensure over time that property is paid off, but still producing and incoming cashflow each week.